The angel venture fund Angel One, created by the UCU Foundation, has started operating in Ukraine.

The fund was launched with $1.5M in equity capital and will continue fundraising in Ukraine and around the world. Angel One will invest in Ukrainian startups at the pre-seed and seed stages, writes AIN.UA. Startup investments will range from $50,000 to $200,000. The focus will be on industries such as FinTech, SaaS, EdTech, and AI/ML. However, a third of the investment will be directed to Edtech startups and those seeking to impact solving global problems significantly. Angel One will accompany startups throughout their development: provide necessary capital, contacts with business and venture communities, and expertise in management and marketing to introduce products and services to global markets.